ETF Copilot

Best Multi-Factor ETFs

Which multi-factor ETFs does ETF Copilot list today? As of October 28, 2026, ETF Copilot's Best Multi-Factor ETFs list holds five funds, largest first by assets: FMDE, FTCS, FESM, RECS and JHMM. Expense ratios across the five run from 0.15% to 0.53% a year, and their ETF Copilot overall scores run from 4.7 to 7.0.

Updated October 28, 2026

What stands out across Multi-Factor ETFs

Expense ratios across the 5 multi-factor ETFs listed run from 0.15% to 0.53% a year, a median of 0.28%. RECS is the cheapest of the 5.

Across the 5 funds shown, ETF Copilot's overall scores run from 4.7 to 7.0 out of 10, with a median of 5.2.

Concentration varies widely among the 5 multi-factor ETFs listed: the ten largest holdings account for 5% of assets in the least concentrated fund and 42% in the most, a median of 10% across the list.

2 of 5 are more concentrated than the typical fund in their own category, on ETF Copilot's concentration measure.

The typical fund among the 5 multi-factor ETFs listed behaves like 220 equally weighted positions once holding weights are taken into account.

As of October 28, 2026, the largest fund on ETF Copilot's Best Multi-Factor ETFs list by assets is Fidelity Enhanced Mid Cap ETF (FMDE).

What are the Best Multi-Factor ETFs? The 5 on this list

Best Multi-Factor ETFs, listed largest first by assets. The 0–10 score is a separate composite measure, not the row order.
#FundETF Copilot scoreExpense ratioAssetsTop 10 weightLargest exposures
1Fidelity Enhanced Mid Cap ETF (FMDE)5.9/100.23%$8.7B10%Tech 22%, AI 3%
2First Trust Capital Strength ETF (FTCS)5.2/100.53%$7.8B21%Tech 2%, Magnificent 7 2%
3Fidelity Enhanced Small Cap ETF (FESM)5.1/100.28%$6.7B9%Tech 19%, Semiconductors 3%
4Columbia Research Enhanced Core ETF (RECS)7.0/100.15%$6.2B42%Tech 37%, Magnificent 7 28%
5John Hancock Multifactor Mid Cap ETF (JHMM)4.7/100.41%$6.0B5%Tech 17%, Semiconductors 3%

ETF Copilot's 0–10 score rates a fund on value, growth, quality and risk against every US equity ETF we track. How the scores are built →

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Which Multi-Factor ETFs are compared head to head?

Every published head-to-head between two Multi-Factor ETFs, the most searched first.

Cite this

ETF Copilot, “Best Multi-Factor ETFs”, as of October 28, 2026.
https://etf-copilot.com/best/multi-factor-etfs

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